ContextLogic Inc expected to post a loss of $2.10 a share - Earnings Preview

ContextLogic Holdings

07/05/2024 03:08

* ContextLogic Inc  WISH.OQ   WISH.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 8 for the
period ending January 1 0001
    * The Oakland California-based  company is expected to
report a
57.8% decrease in revenue to $40.51 million from $96 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for ContextLogic Inc is for
a loss
of $2.10 per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts had risen by
about 10.9%
in the last three months. ​
    * Wall Street's median 12-month price target for
ContextLogic Inc
is $5.90​, above​ its last closing price of $5.24. ​​​

This summary was machine generated May 7 at 02:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)